is a process of renovation of deteriorated urban neighborhoods by means of the influx of more affluent residents. This is a common and controversial topic in politics and in urban planning
. Gentrification can improve the quality of a neighborhood, while also potentially forcing relocation of current, established residents and businesses, causing them to move from a gentrified area, seeking lower cost housing and stores.
Gentrification often shifts a neighborhood’s racial/ethnic composition and average household income by developing new, more expensive housing, businesses and improved resources.
Conversations about gentrification have evolved, as many in the social-scientific community have questioned the negative connotations associated with the word gentrification
. One example is that gentrification can lead to community displacement
for lower-income families in gentrifying neighborhoods, as property values and rental costs rise; however, every neighborhood faces unique challenges, and reasons for displacement vary. Generally, gentrification is considered to improve the neighborhood for the people moving into the area.